68/68-A Wilson St, South Lismore is a 1 bedroom, 1 bathroom Unit with 5 parking spaces and was built in 1930. The property has a land size of 1355m2 and floor size of 84m2.
Calling all investors !! This property is a great opportunity for the home renovator to add value and with its current high returns, show good value for now and into the future
The property consists of 2 buildings with the front being 3 flats and a separate rear building being a detached home. The 3 flats are all self-contained with 2 single bedroom flats and the 3rd being a 2 bedroom. All with car accommodation and plenty of storage space underneath.
The rear detached home is highset also with 3 bedrooms, open plan living, renovated kitchen plus front covered deck. Underneath is the single lockup garage with laundry as well. The home has its own access from the rear lane separate from the front flats.
The size of South Lismore is approximately 8.6 square kilometres. It has 3 parks covering nearly 3.5% of total area. The population of South Lismore in 2011 was 1,901 people. By 2016 the population was 1,869 showing a population decline of 1.7% in the area during that time. The predominant age group in South Lismore is 10-19 years. Households in South Lismore are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in South Lismore work in a labourer occupation. In 2011, 65% of the homes in South Lismore were owner-occupied compared with 63.5% in 2016.
South Lismore has 1,245 properties. Over the last 5 years, Houses in South Lismore have seen a 21.00% increase in median value, while Units have seen a 49.29% increase. As at 31 October 2024:
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